Information for Partners | Â What is the Mongolia Development Marketplace? | Â The Development Marketplace highlights and supports innovative, bottom-up development ideas in Mongolia that deliver results and have the potential to be expanded or replicated. Â | | Â Why hold a Development Marketplace in Mongolia? |
  Bring ideas and resources together for the best ideas that can change people’s life.
  Encourage community participation and accountability for service delivery.
  Promote partnerships with focus on development results.
| | Â What does a Mongolia Development Marketplace entail? |
  High profile initiative to improve the welfare of poorer communities (Development Marketplace has awarded ~US$35 million from around the globe since 1998).
  Prominent, public event that directly alleviates poverty through partnership of leaders in private sector, government, and development.
  Senior-level panel of jurors select winners in a collaborative, objective, and fair process.
  Physical marketplace of finalists representing most innovative, sustainable ideas selected by development experts inside and outside of the World Bank.
  Effective small grants to support grassroots community-driven projects.
  Monitoring and support of grantees provided by World Bank and other partners.
  Significant interest from the development community throughout Mongolia.
| | Â Why should IÂ partner? | Â Â As a member of the Mongolia Development Marketplace, partners will benefit by: Â Championing community interests with projects ranging from health, education to environment, and other sectors.
 Collaborating with the World Bank, Mongolian Government and National Development Institutions on a development program with no operating cost to your organization. All financial contributions will go to grants—the World Bank will cover both administrative expenses and supervision costs for winning projects.
 Distinguishing yourself as an innovative social leader with a commitment to the social services in Mongolia.
 Supporting innovative and sustainable project ideas from every corner of Mongolia with potential for replication and/or scaling-up.
 Joining a larger, progressive network of high-level jurors from the private sector, government, and development field.
| | Â How can I participate? |
  Cash Contributions to the current award pool at $ 200,000.0.
  Special Awards: Donors may give special awards during the competition, which may represent specific thematic interests of the partner or donor. Award size of the Mongolia Development Marketplace is US$5,000 -- 10,000 per project.
  Contributions in-kind: Sponsors may give contributions in-kind or provide services that help defray the costs of the competition event. Examples include media coverage, hotel accommodation and travel arrangements for finalists.
Partnerships and Innovations for Social ResponsibilityÂ
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